Global insight

Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra

Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report

Monday, July 27, 2020

Posco raises steel output target on demand expectations

South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ...

Monday, July 27, 2020

Australia sees end-2020 iron ore prices at $55/t

The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said.

Monday, July 27, 2020

High iron ore price tempts more Australian producers

Western Australian (WA) iron ore developer Strike Resources plans to start shipping lump and fines from its Paulsens East iron ore project in the Pilbara next year.

Monday, July 27, 2020

Long steel producer Feralpi sees recovery on construction investments

Long steel producer Feralpi sees recovery on construction investments

Friday, July 24, 2020

US Steel to restart Gary Works blast furnace in August

US Steel to restart Gary Works blast furnace in August

Friday, July 24, 2020

Thriveni Earthmovers looking to be third-largest Indian iron ore exporter

Thriveni Earthmovers looking to be third-largest Indian iron ore exporter

Friday, July 24, 2020

Rio Tinto seeking solutions that transform heat from underground mines into electricity

Rio Tinto seeking solutions that transform heat from underground mines into electricity

Friday, July 24, 2020
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